75131 Overseas Highway

Islamorada, FL 33036

$6,995,000
Price
3
Beds
3
Baths
1,500 Sq. Ft.
$4,663 / Sq. Ft.
1,500
Sq. Ft.
$4,663
per Sq. Ft.

Description

Beautiful 300' of oceanfront property on Lower Matecumbe Key. This offering consists of two 100' lots, vacant & contiguous, a 100' lot with a triplex apartment building, and 2 additional Transferable Development Rights. This gives you endless possibilities for redevelopment of the property. The two vacant lots have an additional 200' of bay bottom. Fantastic 180 ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch dolphins, manatees, and birds feeding...Beautiful 300' of oceanfront property on Lower Matecumbe Key. This offering consists of two 100' lots, vacant & contiguous, a 100' lot with a triplex apartment building, and 2 additional Transferable Development Rights. This gives you endless possibilities for redevelopment of the property. The two vacant lots have an additional 200' of bay bottom. Fantastic 180 ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch dolphins, manatees, and birds feeding on fish right in front of you. At night, beautiful full moon risings, cruise ships with their lights passing, and plenty of stars. Launch kayaks from the beach to do a little tarpon fishing and bonefish are making a comeback so you can wade with your fly rod for a thrill. Also snorkel for lobster in season in all the little crevices and holes off shore of the property. Recap: 300' of oceanfront made up of 2 vacant lots, 1 lot with 3 apartments, bay bottom on the vacant lots, and 2 additional transferable building rights. Note: One of the owners is a State of Florida Real Estate Licensee
  1. Listed by Randy Selden • Century 21 Circle
  2. Listed by Barbara Edgar • Century 21 Circle

Property Details for 75131 Overseas Highway

Waterfront
Oceanfront
Waterfront
Yes
Zoning
R1 - Residential Single Family
Subdivision
Mat Ocean Beach (75.0)
Directions
On Overseas Highway oceanside near MM 75
Building Style
Ground Level
Pets
Pets Allowed
LISTING UPDATED: 12/16/2024 05:45 AM

Property Details for 75131 Overseas Highway

StatusActive
MLS #608546
Days on Market323
Taxes$27,699 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1957
Lot Size1.10 AC / 48,000 SF
CountyMonroe County

Building Information for 75131 Overseas Highway

Stories-Year Built1957Building Size-Lot Size1.10 AC / 48,000 SF

Property Information for 75131 Overseas Highway

Summary
Location and General Information
  • Waterview: Ocean View
  • Area: 22 - Lower Matecumbe
  • Control Depth: 2
  • Listing Board: Florida Keys
  • Side: Ocean
  • Mile Marker: 75.0
  • Marathon Neighborhood: N/A
  • Key/Island: Lower Matecumbe
Owner
  • Owner Name: Eyster Dec Trust 12/30/93
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Lot Size: 300' wide X 160' deep
  • Acres: 1.1
  • Parcel #: 00398880-000000
  • Add'l Parcel #1: 00398870-000000
  • Add'l Parcel #2: 00398860 & 00097730
  • Land Size: More than 1 Lot
Property and Assessments
  • Legal: Lots 67, 66, & 65 plus bay bottom adjacent to Lots 66 & 65 of Matecube Ocean Beach Section A Lower Matecumbe PB2-39
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: AE elev 11
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Unknown
  • Picture Count: 36
  • Document Count: 0
  • Building Style: Above Flood: No
Utilities
  • Utilities: FKAA, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: No
Interior and Exterior Features
Interior Features
  • Appliances: No Appliances
Exterior Features
  • Construction: Concrete
  • Dockage: None

Property History for 75131 Overseas Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 75131 Overseas Highway

Taxable ValueLand$1,984,500Additions$178,026Total$2,162,526
Tax Record2023$16,093 ($1,341 / month)
Home Facts
Baths3Total Finished SqFt1,530 SqFtAbove Grade Finished SqFt1,530 SqFtStories1Lot Size18,750 SqFtStyleMulti-Family Dwelling (2-4)Year Built1957Year Renovated1970CountyMONROEAPN00398880-000000

Schools near 75131 Overseas Highway

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - PK to 8
Public - 6 to 12
Rating
School
Distance
Plantation Key School
PublicPK to 8

Key West High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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75131 Overseas Highway is a single family home for sale in Islamorada, FL 33036. This property was listed for sale on February 3, 2024 by Century 21 Circle, it's currently listed at $6,995,000. This listing's school district is Monroe. Nearby schools include Plantation Key School, Key West High School and Treasure Village Montessori Charter School. 75131 Overseas Highway is a 3-bed, 3-bath, 1,500 sqft single family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Century 21 Circle

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.